In response to rumors it's considering a major asset sale or business model change, Research In...
In response to rumors it's considering a major asset sale or business model change, Research In Motion (RIMM -6.7%) reiterates its commitment to its existing turnaround plan, while noting its recent hiring of JPMorgan and RBC to evaluate "strategic alternatives." Today's huge selloff, fueled by a harsh Morgan Stanley downgrade, drives home just how little confidence the Street has in that turnaround plan.
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